Heritage Foods consolidated Q3 net profit dips 22.63%

Hyderabad: Net profit of Heritage Foods declined 22.63 per cent to Rs 14.63 crore in the quarter ended December 2019 as against Rs 18.91 crore during the previous quarter ended December 2018.

Sales rose 8.67 per cent to Rs 672.42 crore in the quarter ended December 2019 as against Rs 618.76 crore during the previous quarter ended December 2018.

Revenue from operations grew by 8.7 per cent to Rs 672.42 crore as compared to Rs 618.76 crore in Q3FY19 and Profit after tax (PAT) was at Rs 11.71 crore

For the 9-month period, revenue from operations increased by 10.3 per cent to Rs 2073.26 crore as compared to Rs 1879.73 crore.